Calamos Convertible and High Income Fund
132 hedge funds and large institutions have $140M invested in Calamos Convertible and High Income Fund in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 30 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
63% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 30
3% more funds holding
Funds holding: 128 → 132 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.66% less ownership
Funds ownership: 16.76% → 16.09% (-0.66%)
8% less capital invested
Capital invested by funds: $151M → $140M (-$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.43M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$965K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$852K |
| 4 |
Millennium Management
New York
|
+$689K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.97M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$1.07M |
| 3 |
CA
Cornerstone Advisory
Hunt Valley,
Maryland
|
-$1M |
| 4 |
NWA
Navis Wealth Advisors
Rye Brook,
New York
|
-$784K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$552K |
CHY Hedge Fund Activity: Q1 2026 in Review
132 of the 8,134 institutional investors tracked by Wall St. Rank reported a position in Calamos Convertible and High Income Fund (CHY) for Q1 2026, worth a combined $140M — down 7.6% from $151M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new CHY positions and 11 closed out — a net gain of 9 holders — while 49 added to existing stakes and 30 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.43M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $7.97M sold.
- 132 institutional investors held Calamos Convertible and High Income Fund (CHY) as of Q1 2026, up from 128 in Q4 2025.
- Funds reported $140M of Calamos Convertible and High Income Fund stock for Q1 2026, down 7.6% quarter-over-quarter.
- 20 funds opened new Calamos Convertible and High Income Fund positions in Q1 2026 and 11 closed out, a net change of +9 holders.
- The largest Calamos Convertible and High Income Fund buyer in Q1 2026 was Cohen & Steers, an estimated $1.43M added.
- The largest Calamos Convertible and High Income Fund seller in Q1 2026 was Penserra Capital Management, an estimated $7.97M sold.
Based on aggregated 13F filings for Q1 2026.